Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024
Advanced Flower Capital Inc. (AFCG)
Company Research
Source: GlobeNewswire
Third quarter 2024 GAAP net income of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings(1) of $7.2 million or $0.35 per basic weighted average common share Paid first post-spin dividend of $0.33 per common share for third quarter 2024 WEST PALM BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (NASDAQ:AFCG) (“Advanced Flower Capital”, “AFC” or the “Company”) today announced its results for the quarter ended September 30, 2024. AFC reported generally accepted accounting principles (“GAAP”) net income of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings of $7.2 million or $0.35 per basic weighted average common share for the third quarter of 2024. “We are pleased with the strong quarter, driven by our continued focus on active portfolio management and origination. One of my top priorities when I joined AFC was to reinvigorate our
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AFCG
News
- AFC Gamma, Inc. (NASDAQ: AFCG) is now covered by analysts at Alliance Global Partners. They set a "buy" rating and a $13.00 price target on the stock.MarketBeat
- Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024GlobeNewswire
- Seeking up to 14% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy [Yahoo! Finance]Yahoo! Finance
- AFC Gamma Inc. (AFCG) Expected to Beat Earnings Estimates: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- DigitalBridge (DBRG) Q3 Earnings and Revenues Miss Estimates [Yahoo! Finance]Yahoo! Finance
AFCG
Earnings
- 11/13/24 - Beat
AFCG
Sec Filings
- 12/23/24 - Form 4
- 12/17/24 - Form 8-K
- 11/13/24 - Form 8-K
- AFCG's page on the SEC website